A $79.59 million project co-financed by ADB, the Governments of Australia and Nauru, and the Green Climate Fund, is set to transform Nauru’s 111-year-old Aiwo boat harbor into an efficient, reliable, and climate-resilient port.

Delivering safe, efficient, and reliable transport systems across the Pacific region is essential to empower people and economies. The Pacific Transport Update 2017 provides an overview of ADB’s transport projects in the region.

Transport is an integral part of most of the activities, goods and services required for supporting and improving people’s lives. ADB assists member countries in developing Asia to building transport infrastructure and services which contribute towards low-carbon, safe, accessible, and affordable transport systems.

ADB?will help roll out environment-friendly buses and promote green public transport in the People’s Republic of China (PRC) as part of a $400 million financing package for Minsheng Financial Leasing Co. Ltd. (MFL).

ADB?and the Government of Thailand today signed a $99.4 million loan agreement to help the country upgrade 125 kilometers (km) of highways and improve road safety management in the country’s northeastern region.

About ADB

The Asian Development Bank (ADB) was established as a financial institution that would foster economic growth and cooperation in the Asia-Pacific region. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

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